back in 2006, speaking on the senate floor then senator obama announced he was going to vote no to the debt ceiling increase. he went on the say "i oppose the effort to increase the debt limit. we now depend on foreign countries to pay debt". since then, we now have a $16.4 trillion debt, nearly doubled in six years. in fact, since this president has become president in 2009, he has added more than four times -- more than $4 trillion -- more debt in four years, excuse me than the previous president did in eight. so the four of you, was the president right? is this a failure of leadership and is there a better direction? >> well, i certainly think he was right that we shouldn't run the store based on borrowing. there's a lot of ways you can pay your debts an they don't always include -- >> since he made that speech it has gotten worse. he has done nothing to change the trajectory. is the president right, is it a leadership failure? >> i would grow with that. it is. >> congressman, i would be careful to point out that some of that increase in that debt that took place was a result of obl